GOLD PRICE IN INDIAN RUPEE — MAY 4, 2017
💱 XAU/INR · Thursday, May 4, 2017
On Thursday, May 4, 2017, the gold spot price was C$1,683.65 per troy ounce in Canadian Dollars, equivalent to ₹97,483.34 INR per ounce or ₹3,134.16 INR per gram. Gold fell -1.45% from the previous trading session.
Currency fluctuations between CAD and INR significantly impact the effective cost of gold for international investors. India is the world's second-largest consumer of gold, with deep cultural and religious significance for gold jewelry and investment. Indian gold imports significantly influence global demand patterns. Canadian-Indian diaspora investors often track gold prices in both CAD and INR for family purchases and remittances.
PRICE COMPARISON — MAY 4, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,683.65 | C$54.13 | C$54,130.53 |
| INR | ₹97,483.34 | ₹3,134.16 | ₹3,134,157.46 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,701.91 | ₹98,540.59 |
| High | C$1,701.91 | ₹98,540.59 |
| Low | C$1,680.50 | ₹97,300.95 |
| Close | C$1,683.65 | ₹97,483.34 |